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Recreational Value of Mangrove Forest and Tourists Willingness-to-Pay for Mangrove Conservation
(a) Diswandi, (b) Endah Saptutyningsih

(a) Universitas Mataram
(b) Universitas Muhammadiyah Yogyakarta


Abstract

Mangrove forest produces ecosystem services that benefit human being such as protection from a tsunami, abrasion, carbon sequestration, place for fish nesting, and also for a recreational purpose. However, the values of mangrove forest including recreational value are often ignored. Several mangrove forests have been converted to other uses that commonly produce a more marketed product such as shrimp farm. As a result, loss of mangrove could lead to massive economic losses for the surrounding community once disaster such as tsunami occurs. This study aims to analyze the recreational value of the mangrove forest and estimates the determinant of tourists willingness-to-pay (WTP) for mangrove conservation. A mangrove forest in West Lombok Indonesia was chosen for the case study. Travel cost method was employed to capture the mangrove recreational value. Meanwhile, a logit regression model was run to estimates the determinant of tourist WTP for mangrove conservation. This study found an average recreational value of mangrove forest as much as IDR 109,000 (USD 7.7) per visitor per day. The tourist age, income, and education are significantly influencing their WTP for mangrove forest conservation. This study recommends the related policy maker to improve tourism facilities to attract more visitor to come.

Keywords: travel cost method; mangrove forest; willingness to pay; conservation; recreation

Topic: International Conference of Islamic Economic and Financial Inclusion

Link: https://ifory.id/abstract/7haqWFTJze3w

Conference: The 3rd International Conference on Sustainability and Innovation (ICoSI 2019)

Plain Format | Corresponding Author (Diswandi Diswandi)

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